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Money Is A Changing Form With A Constant Social Role
- Money has continuously changed form from food to cattle to land to coins to digital numbers, but its social role remained the same as a trusted symbol of value.
- Devdutt Pattanaik traces this evolution through hunter-gatherer barter, cow wealth, Gangetic merchants inventing cashapana, and today's digital balances.
Track Money In And Out With A Simple Habit
- Ask two basic questions: how does money come in and how does money go out, then track incoming and outgoing regularly.
- Devdutt recommends a daily/weekly check of wallet and digital accounts, a habit he learned from his mother.
Get Out Of Debt By Identifying What You Can Offer
- To get out of financial 'hell', focus on what goods or services you can offer society rather than what you can take.
- Devdutt advises listing the goods/services you can sell (teaching, cooking, manufacturing) and stop cycling loans.